New York’s statewide moratorium on the eviction proceedings ran out over this weekend. This state has maintained the eviction ban for almost two years, during which more than 590 thousand families went behind on rent.
Companies that run their business around the construction of private houses are increasingly building rentals for single families.
The property values and rental costs are up, there is an exhaustion of space for building new homes, and the traffic jams are polluting the cities
On October 18th, Zillow announced that it will not be signing any new contracts through its iBuying division Zillow Offers in 2021.
Is the housing crisis getting worse? 2021 has seen a drastic rise in home prices due to low supply and high demand.